It is of utmost importance that importers -- or any businesses within the supply chain, for that matter -- are aware of the various penalties implemented by CBP for importing into the US. Customs experts consistently warn of the costly, and possibly disastrous, results of non-compliance with CBP regulations. In [...]
Importers have been quite successful at riding the wave of the economy over the last year despite a pandemic, economic shortcomings, and supply chain disruptions. Amid these treacherous times, the hotly anticipated “New NAFTA” or USMCA was put into force in July 2020. We have covered a few key considerations [...]
Amazon’s momentum as a leader in global trade shows no signs of slowing down in 2021. With eCommerce further exploding (more than it already has in the past decade) in the advent of the pandemic, it’s not too late for importers to leverage this powerful platform. A total of 86% [...]
Importers, let’s talk about how to access your ACE reports with ease! In the past, we have written about ACE / ACI eManifests, Post Summary Corrections, and other crucial elements for importers to be privy of within the system. But taking a step back, it may be important for importers [...]
If 2020 has taught the global supply chain community anything: it’s expect the unexpected. However, an important part of being prepared for the “unexpected” means being prepared, educated, and well-equipped for whatever the future holds. Looking at trend reports and 2021 predictions can be an important part of that for [...]
During the last week of the Trump administration, the Federal Government has released their findings on Vietnam’s Section 301 violations. These findings may have a significant impact on trade, as Vietnam is the US’s 10th largest trading partner -- with a whopping $72 billion dollars of Vietnamese imported goods entering [...]
Most importers will be familiar with ocean transport for commercial goods in one way or another. Ocean shipping has been a central mode of moving goods throughout the world for centuries! Today, we see an increased reliance on ocean shipping in the advent of the pandemic. Even more so in [...]
With 2021 underway, and 2020 behind us, global trade experts are making predictions for what the road ahead looks like. As importers, it is critical that you stay informed during these times. If 2020 has taught us anything, it’s that we should expect the unexpected, but set ourselves up for [...]
An outlook for the year ahead will inevitably be a bit hazy. Today, we delve into the biggest trade challenges and opportunities facing the trade industry across four industries in the coming year. On top of the pandemic grinding the economy to a near-halt, there have been other political factors [...]
Earlier this year, US Customs and Border Protection (CBP) released an update that outlines their plan for improvements and modifications to their operations going forward in 2021. CBP is responsible for law enforcement (for individuals passing through the border, as well as commercial goods) across 300 ports of entry. As [...]
